Boeing (BA) Moves Higer Following Bullish 747-8 Comments, Book-to-Bill Ratio Outlook

March 14, 2012 9:55 AM EDT
Boeing (NYSE: BA) is moving higher Wednesday amid comments from EVP Albaugh at an aviation conference in New York.

He said there is a lot of interest in 747-8 program and it expects to announce 747-8 orders in coming months.

Boeing is also considering a new 777-X plane with composite wing

Finally, the company sees book-to-bill ratio well over 1 in 2012.

Shares of Boeing are up 1.3 percent Wednesday.


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